Treasury market interventions are only a band-aid
Bessent’s moves on the yen and long-dated bonds do little to assuage markets long-term
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How Shein’s IPO lost its shine
Once high-flying fast-fashion retailer is listing in Hong Kong at quarter of peak value after years of false starts
How Shein’s $100bn dream unravelled
Once high-flying fast-fashion retailer is listing in Hong Kong at quarter of peak value after years of false starts
As dieters slim down, protein prices bulk up
A lot of people are finding an appetite for whey
Bessent could tap near $1 trillion Treasury General Account to fund bond buybacks, sources said
Using the TGA would provide the Treasury with considerable firepower to influence long-term bond yields.
Iran threatens 46 ships in Strait of Hormuz transit crackdown
Tehran said vessels violated protocols for travelling across waterway and could face fines or confiscation